Drilling is in, IHS Markit says, as resources rise
The industry drilled more wells in 2021 than 2020, IHS Markit has reported, with notable successes in high impact wells adding new resources.
Congo Brazzaville
TotalEnergies, Inpex sell down Angola stake
TotalEnergies and Inpex are selling out of Angola’s offshore Block 14, transferring their interests to locally owned Somoil.
PetroNor CEO arrested by Norwegian authorities
Norway’s Økokrim has visited PetroNor E&P offices to bring charges against “some individuals”.
Shareholder launches bid to topple ADM directors
AIM-listed ADM Energy is coming under sustained pressure from major shareholders as it fights to hold on to a contested oilfield in Nigeria.
Flurry of African exploration incoming
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
New Age prepares to tee up Cameroon, Congolese projects
New Age (African Global Energy) expects to bring on its Etinde gas project, in Cameroon, and Marine III, off Congo Brazzaville, in 2024.
Eni settles Congo charges
An Italian judge has approved a settlement with Eni over alleged corruption in Congo Brazzaville.
Total launches Congolese tree planting push for carbon capture
Total has signed a deal with Forêt Ressources Management (FRM) to plant a 40,000 hectare forest in Congo Brazzaville.
Zenith lands Tilapia, eyes SNPC collection
Zenith Energy has successfully bid for the Tilapia II licence, as the company closes out its Azerbaijani interests.
Sapura wins Qatari, Congolese work from Total
Sapura Energy has won a number of contracts, including pipeline works for Qatar’s Al-Khalij field, from Total E&P Golfe.
Kariya eyes EOR, small-scale LNG in West Africa
Recently launched Kariya Energy intends to sign up marginal fields in West Africa, the company’s director Gerd Nji has said.
PetroNor returns to optimism
PetroNor E&P has posted EBITDA of $4.2 million for the first quarter of 2020, down from the $20.6mn posted for the same period in 2019.
Zenith’s Tilapia licence expires
Zenith Energy is no longer the operator of the Tilapia licence in Congo Brazzaville, the company has said.
Zenith pays off first tranche in Tunisia deal
Zenith Energy has paid $250,000 to Kuwait Foreign Petroleum Exploration Co. (KUFPEC) as a first payment for its acquisition of the Sidi El Kilani concession in Tunisia.
QP enters Cote d’Ivoire with Total deal
Qatar Petroleum (QP) has signed farm-in agreements with Total on two blocks offshore Cote d’Ivoire.
Coronavirus derails Vantage’s rigs in Congo
Vantage Drilling has declared force majeure for two of its rigs, one of which as a result of a coronavirus outbreak.
Coronavirus strikes Total in Congo
Total has reported 14 cases of coronavirus at its sites in Congo Brazzaville, including two employees of Total E&P Congo.
Zenith extracts better terms on AAOG’s Tilapia
Zenith Energy has extracted better still terms from embattled Anglo African Oil & Gas (AAOG) on the sale of the Tilapia oilfield, in Congo Brazzaville.
Piracy on the rise in Gulf of Guinea
Piracy increased in the first quarter of 2020, with the Gulf of Guinea continuing to hold its position as the most dangerous waters in the world.
Equatorial Guinea postpones investment conference
Equatorial Guinea has taken the decision to postpone its Africa Oil & Investment Forum (AOIF) and exhibition, which had been due to take place on June 1, in light of the coronavirus outbreak.
PEPA denies environmental risks, considers legal action
Petroleum Exploration and Production Africa (PEPA) has defended its work in Congo Brazzaville, following a condemnatory report from Global Witness and others.
Zenith sets out drilling plans
Zenith Energy intends to drill on the Tilapia licence in Congo Brazzaville in April while planning exploration drilling in Azerbaijan this year.
Zenith approved for AAOG acquisition
An offer from Zenith Energy has won a shareholder vote at Anglo African Oil & Gas (AAOG).
Jub vs Zenith in fight for AAOG’s future
A counter offer has emerged for Anglo African Oil & Gas (AAOG), following Zenith Energy’s offer at the beginning of the week.
Zenith wades into Congo for beleaguered AAOG
Zenith Energy has struck a first deal in Africa with an agreement to buy an 80% stake in the local unit of troubled Anglo African Oil & Gas (AAOG) in Congo Brazzaville.